$449,995
4 Bed 2 Bath Pool Waterfront SingleFamilyResidence for Sale in CAPE CORAL, FL
627 NE 7th Terrace, Cape Coral, FL, 33909
About this home
SELLERS SAY SELL—TAKE ADVANTAGE OF INCREDIBLE VALUE!! Experience the epitome of Florida living with this stunning waterfront pool home in Cape Coral, perfectly nestled on the scenic shores of Arrowhead Lake. This beautifully upgraded 4-bedroom plus den, 2-bathroom home is located in Flood Zone X, meaning no flood insurance required, offering peace of mind and long-term savings. Powered by 48 solar panels, this energy-efficient home may even eliminate your power bill. Step inside to an open-concept layout with soaring vaulted ceilings, arched hallways, wainscoting accents, and a custom living room feature wall with an electric fireplace, built-in shelving, surround sound, and serene water views. The entertainer’s kitchen is a showstopper with modern lighting, a breakfast nook overlooking the water, and seamless flow to the formal dining area. The spacious master suite includes surround sound, a huge custom walk-in closet, and a luxurious bathroom with dual vanities, a walk-in shower, and a spa-like heated towel rack. Step outside to your fenced-in private waterfront oasis featuring a sparkling pool, brick paver deck, and a concrete dock. A fully permitted 12-foot shed with A/C and electricity offers endless potential for an art studio, office, or workshop. BOATERS, enjoy direct access to miles of freshwater canals and seven connected lakes—ideal for exploring, fishing, or kayaking right from your own backyard. GOLFERS, you’re just minutes from Palmetto Pines Country Club and Coral Oaks. With a newer water heater, upgraded WiFi, mini-split A/C in the garage, Pentair pool pump, mango trees, and city water/sewer, this home combines luxury, comfort, and efficiency. Located near top-rated dining, shopping, and exciting developments, this is a must-see for buyers seeking the Florida lifestyle and incredible value.
Property details
- Type
- SingleFamilyResidence
- Year built
- 2005
- Interior
- 2,204 sqft
- Lot size
- 10,585.08 sqft
- Acreage
- 0.24 acres
- Garage
- 2 car
- Days on market
- 172
- Total association fees
- None
- CDD
- None
- Est. taxes (1.4%)
- $6,300/yr
- Flood zone (area est.)
- No · Low risk (X)
- Storm protection
- Impact Windows/Doors, Shutters
- Exposure
- North
- Waterfront
- Yes
- Gulf access
- No
- Gulf access type
- N/A
- Pool
- Yes
- Spa
- No
- Natural gas
- No
- Water
- Assessment Unpaid
- Sewer
- Assessment Unpaid
- New construction
- No
- Pets
- Yes
- County
- Lee
Flood risk shown is an area-level estimate and can differ from a specific unit's actual FEMA designation (which varies by structure and elevation). Look up this address on the FEMA Flood Map and verify with a licensed insurance agent before relying on it.
Based on the $/sqft of 12 comparable homes sold nearby in the last 12 months. Indicative, not an appraisal.
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Recently sold nearby
Closed comparable sales within ~1 mile in the last 12 months — similar price, size, beds/baths, and age.
| Address | Sold | Sold price | Beds/Baths | Sq ft | $/sqft |
|---|---|---|---|---|---|
| 631 TROPICANA Parkway | Jan 2026 | $399,999 | 4/3 | 2,020 | $198 |
| 511 NE 5th Avenue | Aug 2025 | $525,000 | 4/3 | 2,324 | $226 |
| 313 NE 5th Terrace | Jul 2026 | $439,000 | 4/3 | 2,009 | $219 |
| 1219 NE 5TH Place | Jun 2026 | $429,999 | 4/3 | 2,336 | $184 |
| 1222 NE 6th Avenue | Dec 2025 | $495,000 | 3/3 | 2,162 | $229 |
| 1123 NE 10th Street | Jul 2026 | $550,000 | 4/3 | 2,215 | $248 |
| Average | 6 comps | $473,166 | $217 |
Market trends — Cape Coral
Median of closed MLS sales each month over the available window. Months with too few sales are omitted; the range extends automatically as more sales close.
Live area medians from the MLS · see all listings. Indicative, not an appraisal.
Price & status history
Down $122,500 (22.3%) from the original list price.
| Feb 9, 2026 | Sold | $426,500 |
| Jan 14, 2026 | Back on market | |
| Nov 13, 2025 | Price reducedfrom $469,900 | $449,995 |
| Jun 9, 2025 | Listed | $549,000 |
The good, the trade-offs & the location
- Built 2005 — post-2002 Florida wind codes (typically lower insurance)
- Lower flood risk (zone X)
- Private pool
- Waterfront
- Storm protection: Impact Windows/Doors, Shutters
- 2-car garage
Straight-line distances to major SWFL amenities — approximate; actual drive times vary.
Nearby schools
Get more information on their programs, scores, and extracurriculars on each school's page · browse the full schools directory.
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Listing information is provided in part by the Florida Gulf Coast Multiple Listing Service (MLS) through its Broker Reciprocity / Internet Data Exchange (IDX) program. Properties displayed may be listed by brokerages other than SWFL Relocation Team. Data is deemed reliable but is not guaranteed accurate by the MLS or this brokerage and should be independently verified. Fees, flood zones, taxes, square footage, and school assignments are estimates from the feed and must be confirmed. © 2026 SWFL Relocation Team. All rights reserved.